Last Updated on by Aardvark
Tilray, Inc. (TLRY), now Tilray Brands, Inc., announced good news during its Q2 fiscal 2022 earnings call.
CEO Irwin Simon applauded Tilray’s ability to maintain status with the #1 cannabis market share in Canada. In addition, he said, “Our second quarter performance reflects notable success building high-quality and highly sought-after cannabis and lifestyle CPG brands.”
Q2 Fiscal 2022 Highlights
- Net income increased to $6M from a net loss of $89M in the previous quarter.
- 8% growth over the previous quarter and eleventh consecutive quarter of positive adjusted EBITDA
- #1 market-leading position in Germany and Canada